0001209191-14-040655.txt : 20140624
0001209191-14-040655.hdr.sgml : 20140624
20140611180939
ACCESSION NUMBER: 0001209191-14-040655
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140609
FILED AS OF DATE: 20140611
DATE AS OF CHANGE: 20140611
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Benefitfocus,Inc.
CENTRAL INDEX KEY: 0001576169
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 462346314
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 100 BENEFITFOCUS WAY
CITY: CHARLESTON
STATE: SC
ZIP: 29492
BUSINESS PHONE: 843-849-7476
MAIL ADDRESS:
STREET 1: 100 BENEFITFOCUS WAY
CITY: CHARLESTON
STATE: SC
ZIP: 29492
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Howell Andrew L
CENTRAL INDEX KEY: 0001294986
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36061
FILM NUMBER: 14905630
MAIL ADDRESS:
STREET 1: BLACKBAUD INC
STREET 2: 2000 DANIEL ISLAND DRIVE
CITY: CHARLESTON
STATE: SC
ZIP: 29492
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2014-06-09
0
0001576169
Benefitfocus,Inc.
BNFT
0001294986
Howell Andrew L
100 BENEFITFOCUS WAY
CHARLESTON
SC
29492
0
1
0
0
Chief Operating Officer
Common Stock
2014-06-09
4
M
0
7163
5.38
A
101552
D
Common Stock
2014-06-09
4
S
0
7163
40.287
D
94389
D
Common Stock
2014-06-10
4
M
0
2725
5.38
A
97114
D
Common Stock
2014-06-10
4
S
0
2725
40.131
D
94389
D
Common Stock
2014-06-10
4
M
0
25000
3.14
A
119389
D
Common Stock
2014-06-10
4
M
0
21902
3.80
A
141291
D
Stock Option (Right to Buy)
5.38
2014-06-09
4
M
0
7163
0.00
D
2020-06-30
Common Stock
7163
67837
D
Stock Option (Right to Buy)
5.38
2014-06-10
4
M
0
2725
0.00
D
2020-06-30
Common Stock
2725
65112
D
Stock Option (Right to Buy)
3.14
2014-06-10
4
M
0
25000
0.00
D
2018-02-01
Common Stock
25000
0
D
Stock Option (Right to Buy)
3.80
2014-06-10
4
M
0
21902
0.00
D
2019-06-30
Common Stock
21902
3098
D
Stock Option (Right to Buy)
10.30
2022-09-30
Common Stock
22667
22667
D
Stock Option (Right to Buy)
13.53
2023-05-07
Common Stock
51461
51461
D
This exercise and sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 19, 2014.
This transaction was executed in multiple trades at prices ranging from $40.00 to $40.75. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
This transaction was executed in multiple trades at prices ranging from $40.00 to $40.245. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
This option was granted on July 1, 2010 and vests over a four-year period with one-fourth (1/4) of the option granted vesting on July 1, 2011, the first anniversary of the vesting commencement date, and the balance of the option granted vesting ratably on a monthly basis over the following 36 months.
This option is fully vested.
This option was granted on October 1, 2012 and vests over a four-year period with one-fourth (1/4) of the option granted vesting on October 1, 2013, the first anniversary of the vesting commencement date, and the balance of the option granted vesting ratably on a monthly basis over the following 36 months.
This option was granted on May 8, 2013 and vests over a four-year period with one-fourth (1/4) of the option granted vesting on May 8, 2014, the first anniversary of the vesting commencement date, and the balance of the option granted vesting ratably on a monthly basis over the following 36 months.
/s/ Donald R. Reynolds, Attorney-in-Fact
2014-06-11